Twitter Logo Youtube Circle Icon LinkedIn Icon

Co-Publishing weltweit

Indonesia banking bill: proposed restrictions on foreign investment - July 2014

January 2015 - Finance. Co-Publishing von Norton Rose Fulbright.

More articles by this firm.

Indonesia's House of Representatives is currently considering a new draft banking bill (the Banking Bill) which, if passed into law in its current form, will:

  1. prohibit foreign banks from operating in Indonesia through branch offices; and
  2. cap foreign ownership of an Indonesian bank at 40 per cent of the total issued share capital of that bank.